Abstract
Clubs, societies and most associations are formed for the use and benefit of members, not for the purpose of trading. The main income of these organisations is derived from subscriptions and donations, and where there is a surplus of income over expenditure it is used for the benefit of the club or the well-being of its members.
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© 1982 J. Randall Stott
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Stott, J.R. (1982). Non-Trading Concerns and Club Accounts. In: Mastering Principles of Accounts. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-16707-4_20
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DOI: https://doi.org/10.1007/978-1-349-16707-4_20
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-30446-4
Online ISBN: 978-1-349-16707-4
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